Satoshi

"Sats" is short for "Satoshis." It is the smallest unit of Bitcoin, much like cents are to dollars. One Bitcoin is equivalent to 100 million Satoshis. As Bitcoin's value grew, the need for a smaller, more manageable unit became evident, leading to the widespread use of Sats. This unit allows for more precise transactions, especially when dealing with minute amounts of Bitcoin.

The term "Satoshi" pays homage to Bitcoin's creator, Satoshi Nakamoto, and symbolizes the grassroots nature of the cryptocurrency movement. It represents the idea that digital currency can be broken down into smaller units, making it accessible and usable for everyday transactions. As the crypto world evolves, Sats has become a standard reference, especially in micro-transactions and in platforms promoting Bitcoin's mass adoption.

Satoshi Nakamoto is the pseudonymous individual or group of individuals responsible for creating Bitcoin, the first decentralized cryptocurrency. Despite numerous attempts to unveil their identity, Satoshi remains an enigma in the tech world. Their revolutionary whitepaper, Bitcoin: A Peer-to-Peer Electronic Cash System, published in 2008, laid the foundation for the creation of Bitcoin and the underlying blockchain technology.